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Taxpayers to subsidise fossil fuels after governments’ renewables ‘shambles’

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Having made dispatchable power “unviable” by subsidising renewables, federal and state governments are now getting the taxpayer to subsidise fossil fuels because power is at risk of running out, according to Sky News host Chris Kenny.

“New South Wales is getting a new gas-powered electricity generator,” Mr Kenny said.

“On one hand this is good news, we need reliable dispatchable power, and sadly the renewables push has forced thousands of megawatts of reliable coal-fired power to close in recent years, in South Australia, Victoria and New South Wales.

“But there’s also an $83 million bill for taxpayers going into to this thing, you will be subsidising this power station.

“So having subsidised all the renewables, they have made dispatchable power unviable and now they have to subsidise fossil fuel power otherwise we run out. What a shambles.

“And this comes in the week that Victoria announced it will go solo and reduce its emissions by 50 per cent within a decade, so Daniel Andrews and Victoria have gone the full Greta Thunberg, the full Joe Biden – and you will pay.”

Mr Kenny also spoke with Parking Australia CEO Stuart Norman who said state governments like Victoria who promote electric vehicles don’t account for “unintended consequences” which don’t make for a very “efficient” use of taxpayers money.

“While it’s nice to promote electric vehicles, there’s a lot of other unintended consequences which have really been caught up in the malaise of trying to go green,” Mr Normal said.

“My worry is that, and like a lot of government issues, they’ll throw some money at it and it’ll not be a very efficient way to use taxpayers money.”

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